O‘ahu’s Housing Market Holds Steady Ahead of Holiday Season Lull.

Median prices of single-family homes stand at $1 million, condos at $500K.Closed sales rose year-over-year with single-family homes ticking up modestly 10.4% and condo properties surging higher to 27.3%.The median sales price for a single-family home fell slightly from the August 2021 record of $1,050,000 to $1,000,000, while the median condo price tied the August …

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Legal B&B in Kailua, Seller Is Not Paying Buyer’s Agent Commission

This seller is saving $60,000 by not paying a buyer’s agent commission, so we can book a showing directly with the seller or buyers can pay their agent a commission as one of the lawsuits against the National Association of Realtors is suggesting. The vacation rental crackdown in Kailua got rid of most of the …

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Is Stagflation Coming?

These two charts really point to stagflation, where inflation goes up while the GDP declines. The Atlanta Fed slashed GDP growth to just .2% down from 14% back in May. So as the expected GDP drops, the Citi Inflation Surprise Index is going up. This points to stagflation in my opinion.

Can You Pay No Buyer’s Agent Commission?

Sellers ask me all the time is it possible to sell without a buyer’s agent and thereby pay no 2.5% buyer’s agent commission. The answer is YES. We have sold 43 homes with no buyer’s agent, which saved those sellers $667,737 in buyer’s agent’s commissions. You can read more about this option from our website.